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Author Question: Recall the Application. One difference between a value-added tax and an income tax is the ... (Read 55 times)

Bob-Dole

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Recall the Application. One difference between a value-added tax and an income tax is the value-added tax
 
  A) is a progressive tax. B) is not a consumption tax.
  C) does not penalize individuals who save. D) is difficult to collect.

Question 2

Capital gains are taxed at a different rate than income and this reduces revenues the government receives. All else equal, what would happen if capital gains taxes were eliminated?
 
  A) They would have to be replaced by a consumption tax.
  B) The government would not be able to spend money on any programs.
  C) Everyone would have to pay less in taxes.
  D) The deficit would increase because of lack of revenues.


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Heffejeff

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Bob-Dole

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


laurnthompson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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